Retail tenancy disclosure requirements

The Retail Leases Amendment Regulation 2010 introduced a new harmonised lessor’s disclosure statement which commenced on 1 January 2011.
 
Following the Productivity Commission’s 2008 report on Australia’s retail leasing industry, the Small Business Ministerial Council commenced work to enhance consistency of the retail tenancy regulatory framework.

After a significant program of assessment and consultation, a new model harmonised disclosure statement for lessors was developed. The harmonised statement made minor changes to the current NSW lessors disclosure statement and will result in significant benefits, such as:

• lessees better informed of their rights and obligations under a tenancy agreement and able to make more informed business decisions about their lease;
• reducing the regulatory burden on business, particularly those landlords operating across state borders.

The current Lessor’s disclosure statement will operate in NSW, Qld and Victoria.

Download the Lessor’s disclosure statement (PDF size: 162kb)